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Japan’s Electricity Prices Surge 25% as LNG and Coal Costs Soar

Source: OilPrice.com · Oct 19, 2026 10:30 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Japan’s average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices. The nationwide power price rose by over 25% week-to-week to $0.19 (31.15 Japanese yen) per kilowatt-hour (kWh) on Monday, Bloomberg reported, citing data from Japan Electric Power Exchange. Japan, one of the world’s biggest LNG importers, this summer reduced gas

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